Brazil will ‘droop’ a $ 324 million contract to purchase 20 million doses of Bharat Biotech’s covid19 vaccine, Covaxin.
This was introduced by the top of the Federal Comptroller Common (CGU), Wagner Rosario, who additionally mentioned the company will examine the method of buying the vaccine.
The deal was suspended as a ‘easy safety measure’ in view of some complaints on alleged irregularities and ‘larger pricing’ of the vaccine.
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A remaining resolution on the contract is more likely to be taken after completion of the investigation.
When contacted, a spokesperson of Bharat Biotech mentioned the corporate will concern an announcement on the matter sooner or later.
Hyderabad-based Bharat Biotech had signed a deal to produce 20 million doses of Covaxin to Brazil in February.
The deal had later run into tough climate as Brazilan Well being Regulator, Nationwide Well being Surveillance Company (Anvisa), has denied permission to import vaccine.